World Bank’s 2026 B-Ready review of Australian business insolvency and other laws

Michael Murray of Murrays Legal explains that Australia will be the subject of a review by the World Bank under its new B-Ready assessment process, spotlighting persistent gaps across Australia’s business insolvency framework including stalled PJC reforms, the absence of a dedicated small-business regime, long bankruptcy periods, limited data, and the lack of integrated personal and corporate insolvency processes.

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